During the early 20th century, corporations used holding companies to do which of the following?

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Definition:

This class includes the activities of holding companies, i.e. units that hold the assets (owning controlling-levels of equity) of a group of subsidiary corporations and whose principal activity is owning the group. The holding companies in this class do not provide any other service to the businesses in which the equity is held, i.e. they do not administer or manage other units.

Description:

This class excludes:- active management of companies and enterprises, strategic planning and decision making of the company, see 70.10

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journal article

The Ownership of Japanese Corporations in the 20th Century

The Review of Financial Studies

Vol. 27, No. 9 (September 2014)

, pp. 2580-2625 (46 pages)

Published By: Oxford University Press

https://www.jstor.org/stable/24465680

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Abstract

Twentieth century Japan provides a remarkable laboratory for examining how an externally imposed institutional and regulatory intervention affects the ownership of corporations. In the first half of the century, Japan had weak legal protection but strong institutional arrangements. The institutions were dismantled after the war and replaced by a strong form of legal protection. This inversion resulted in a switch from Japan being a country in which equity markets flourished and ownership was dispersed in the first half of the century to one in which banks and companies dominated with interlocking shareholdings in the second half of the century.

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Tables of contents for recent issues of The Review of Financial Studies are available at http://rfs.oupjournals.org/contents-by-date.0.shtml . Authorized users may be able to access the full text articles at this site. The Review of Financial Studies is a major forum for the promotion and wide dissemination of significant new research in financial economics. As reflected by its broadly based editorial board, the Review balances theoretical and empirical contributions. The primary criteria for publishing a paper are its quality and importance to the field of finance, without undue regard to its technical difficulty. Finance is interpreted broadly to include the interface between finance and economics.

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journal article

HOLDING COMPANIES, MARKET LIQUIDITY, AND THE DEVELOPMENT OF THE ELECTRIC POWER INDUSTRY

The Journal of Energy and Development

Vol. 32, No. 1 (Autumn, 2006)

, pp. 1-14 (14 pages)

Published By: International Research Center for Energy and Economic Development (ICEED)

https://www.jstor.org/stable/24812845

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Journal Information

The International Research Center for Energy and Economic Development (ICEED) has published The Journal of Energy and Development since 1975. This biannual periodical covers international energy and development issues offering perspectives from authors around the world. Articles focus on energy-related topics, conservation, the environment, hydrocarbon development and management, alternative energy, sustainable economic development, macroeconomic trends, and policies of energy-producing and consuming countries.

Publisher Information

The International Research Center for Energy and Economic Development (ICEED) has published The Journal of Energy and Development since 1975. This biannual periodical covers international energy and development issues offering perspectives from authors around the world. Articles focus on energy-related topics, conservation, the environment, hydrocarbon development and management, alternative energy, sustainable economic development, macroeconomic trends, and policies of energy-producing and consuming countries.